McDonald's, P&G Drop
But Tech Stocks Advance

By

Robert O'Brien Dow Jones Newswires

Updated March 9, 1999 12:01 a.m. ET

NEW YORK -- High-technology stocks resumed their role as market leaders, as shares of Intel moved sharply higher, but the boisterous enthusiasm for the powerful blue-chip rally of last week subsided, leaving market averages mixed.

Intel shot up 5 to 119 5/8 on Nasdaq, after the chip maker reached a settlement with the federal government over the...